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V2X Awarded $103 Million U.S. Navy Contract for C-26 Support, Extending Legacy as a Readiness Multiplier
Prnewswire· 2025-04-28 11:30
RESTON, Va., April 28, 2025 /PRNewswire/ -- V2X (NYSE: VVX) Inc., has been awarded a $103 million contract by the U.S. Navy for Contractor Logistics Support (CLS) maintenance of C-26 aircraft, reinforcing V2X's role as the best-value provider for this critical mission.Under this contract, V2X will continue providing comprehensive CLS support, including aircraft engineering, upgrades maintenance and modifications."This award highlights the Navy's continued confidence in V2X's proven ability to deliver missio ...
NOC Investors Have Opportunity to Join Northrop Grumman Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-04-28 10:10
Core Viewpoint - The Schall Law Firm is investigating Northrop Grumman Corporation for potential violations of securities laws following a significant decline in its stock price after disappointing Q1 2025 financial results [1][2]. Financial Performance - Northrop Grumman reported a 7% year-over-year revenue decline in Q1 2025, missing consensus estimates for the quarter [2]. - The company incurred a pretax charge of $477 million related to its B-21 bomber program, attributing part of this to inflationary factors [2]. - Following the announcement of these results, Northrop Grumman's shares fell by more than 12.6% on the same day [2].
It's 2 Steps Forward, 1 Step Back for Lockheed Martin as Weak Guidance Deletes an Earnings Beat
The Motley Fool· 2025-04-26 11:07
Investors didn't rush to buy Lockheed Martin stock this week. They might want to reconsider.Lockheed Martin (LMT 2.39%) reported earnings on Tuesday, and the crowd went mild.Seriously. Rarely has an earnings beat the size of the one Lockheed reported this week been met with such a gigantic collective shrug of dismissal as this one. Heading into earnings day, Wall Street analysts confidently predicted Lockheed would report a $6.31-per-share profit on $17.8 billion in sales. Instead, Lockheed reported $18 bil ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Northrop Grumman Corporation – NOC
GlobeNewswire News Room· 2025-04-25 17:00
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Northrop Grumman Corporation (“Northrop Grumman” or the “Company”) (NYSE: NOC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Northrop Grumman and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the cl ...
Lockheed Martin's Stock Price Reflects Undue Pessimism Offering Margin Of Safety
Seeking Alpha· 2025-04-25 11:00
We previously published an article on Lockheed Martin Corporation ( LMT ) in October 2021 when we observed that the share price reflected an unduly pessimistic view of their growth prospects. Our modelI am a CFA charterholder and a CIPM certificant. Professionally, I assist firms comply with the Global Investment Performance Standards (GIPS). The GIPS Standards has to do with how investment performance is calculated and presented by asset managers, pension funds, endowments and foundations. Previous to my c ...
Sikorsky and Bristow Group Sign Long-Term Agreement Supporting World's Largest S-92® Helicopter Fleet
Prnewswire· 2025-04-24 20:34
Industry leaders look to the future with multi-year deal STRATFORD, Conn. and HOUSTON, April 24, 2025 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (NYSE: LMT), and Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced a long-term agreement to provide enhanced support for Bristow's S-92® helicopter fleet. Sikorsky, a Lockheed Martin company, and Bristow Group Inc. announced a long-term agreement to support Bristow's S-92® helicop ...
L3Harris (LHX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-24 14:35
L3Harris (LHX) reported $5.13 billion in revenue for the quarter ended March 2025, representing a year-over- year decline of 1.5%. EPS of $2.41 for the same period compares to $3.06 a year ago. View all Key Company Metrics for L3Harris here>>> Shares of L3Harris have returned +2.1% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Revenue- Corporate eliminations: -$ ...
GE Aerospace Stock: Not A No-Brainer, Still A Buy
Seeking Alpha· 2025-04-24 14:06
Group 1 - GE Aerospace and RTX Corporation were among the first aerospace and defense companies to report first quarter results [1] - GE stock gained in response to the first quarter earnings release, while RTX stock fell [1] Group 2 - The Aerospace Forum aims to discover investment opportunities in the aerospace, defense, and airline industry [2] - The analysis provided by the forum is informed by data and focuses on the complex industry with significant growth prospects [2]
GE Aerospace: Analysts Say New Highs Are Coming
MarketBeat· 2025-04-24 12:01
GE Aerospace Today GE GE Aerospace $193.71 +4.53 (+2.39%) 52-Week Range $150.20 ▼ $214.21 Dividend Yield 0.74% P/E Ratio 32.34 Price Target $216.15 Add to Watchlist GE Aerospace NYSE: GE, the newly streamlined version of the former General Electric, is emerging as a compelling turnaround story in 2025. Now unencumbered by its former conglomerate structure, the company is free to focus on its core strength: building airplane engines and servicing the aerospace industry. Based on analyst and industry trends, ...
Dassault Systèmes and Airbus Extend Strategic Partnership to Use Virtual Twins for Next-Generation Programs
Globenewswire· 2025-04-24 04:58
Core Insights - Dassault Systèmes and Airbus have extended their strategic partnership, focusing on the 3DEXPERIENCE platform for lifecycle management of all new Airbus programs for civil and military aircraft and helicopters [2][6] - The deployment will enhance collaboration among over 20,000 users across various business areas and suppliers, utilizing virtual twins to improve production efficiency and reduce costs [3][6] - The partnership aims to support Airbus's digital transformation, accelerating the development of next-generation aerospace products while ensuring quality, safety, and security [4][6] Company and Industry Summary - The 3DEXPERIENCE platform will be implemented company-wide at Airbus for all future generations of aircraft and helicopters, marking a significant milestone in digital transformation [6] - Airbus will leverage seven industry solution experiences from Dassault Systèmes, including "Program Excellence" and "Winning Concept," to streamline operations and enhance product lifecycle management [5][6] - The collaboration is expected to enable Airbus to utilize AI-powered generative experiences and advancements in material science, modeling, and simulation, thereby redefining the aerospace industry's future [4][5]